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Crypto-backed Group Continues Ohio Senate Race Efforts

Crypto-backed political group Defend American Jobs spent over $55 million in Ohio between September 21 and October 26 to support Republican Jon Husted and oppose Sherrod Brown. Husted had already voted to advance the CLARITY Act, a proposal to establish clearer federal rules for crypto. The CLARITY Act failed to clear a 60-vote Senate hurdle, while Brown lost his previous seat in 2024 and is now running for a different Senate seat in Ohio. The midterms will determine control of Congress and shape crypto legislation.

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